Inside the failed courtship between Kenya BNLP startup Lipa Later and Nigeria’s Klump
Most of 2023 was spent on casual calls. A planned Dubai meeting fell through due to visa issues, so in November that year, Klump’s founders travelled to Nairobi. They spent three days working out of Lipa Later’s serviced apartment, combing through documents and growth plans. The notes from one of the meetings, seen by TechCabal, look like the plan was to build a continental BNPL giant, but they also reveal gaps that caused the deal to collapse.
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Inside the failed courtship between Kenya BNLP startup Lipa Later and Nigeria’s Klump
Most of 2023 was spent on casual calls. A planned Dubai meeting fell through due to visa issues, so in November that year, Klump’s founders travelled to Nairobi. They spent three days working out of Lipa Later’s serviced apartment, combing through documents and growth plans. The notes from one of the meetings, seen by TechCabal, look like the plan was to build a continental BNPL giant, but they also reveal gaps that caused the deal to collapse.
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